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It’s Time for Green Banking Management in Romania

Author

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  • Ioana Florentina Savu

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

In the current Romanian economic climate banks will have to develop a series of initiatives in order to reduce environmental impact. The article is intended to define banks ecological behavior and establish the role of non – governmental organizations and banking products in bank’s ecological management. It focuses on projects that banks can undertake in partnership with environmental organizations such as paper recycling, forestation with employees - volunteers from the banks, "canvas bag", building solar panels and "sustainability tour". For an appropriate environmental behavior, banks should encourage customers to use banking products and services in a friendly environment, opting for green cards, online banking, electronic bank statements, green mortgages, green home equity loans, green commercial buildings loans or green car loans.

Suggested Citation

  • Ioana Florentina Savu, 2012. "It’s Time for Green Banking Management in Romania," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 2(2), pages 61-69, April.
  • Handle: RePEc:dug:actaec:y:2012:i:2:p:61-69
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    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/1237/1112
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    References listed on IDEAS

    as
    1. Ioana Florentina BUDU, 2009. "Career in the bank for collection in times of financial crisis," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1), pages 79-86, June.
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    Cited by:

    1. Kiss Marta, 2018. "Green Marketing and Corporate Social Responsibility in the Romanian Banking Sector," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 461-465, December.

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